Veterans Education And Research Association Of Michigan

Veram

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 383060217 ✦ Ann arbor, MI ✦ Designated as a 501(c)(3)

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Overview

What is Veterans Education And Research Association Of Michigan?

Veterans Education and Research Association of Michigan, often referred to as VERAM, is a nonprofit organization situated in Ann Arbor, Michigan. Their primary mission is to conduct scientific research studies, focusing on various health-related fields such as cardiovascular, psychiatric, pulmonary, infectious, and kidney diseases. By collaborating with the VA Ann Arbor Healthcare System and its sponsors, VERAM engages in biomedical, clinical, health services, and rehabilitation research. This research aims to expand knowledge and understanding of diseases, as well as improve healthcare services. Additionally, VERAM invests in the continuing education of its staff, as well as the medical community, through education funds. The organization operates with a dedicated team of eight individuals.

Is Veterans Education And Research Association Of Michigan legitimate?

Veterans Education And Research Association Of Michigan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans Education And Research Association Of Michigan submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $102,351
Professional Fundraising Fees: $0
Other Salaries and Wages: $422,675

For more financial information, click here

What is the mission statement of Veterans Education And Research Association Of Michigan?

The Veterans Education and Research Association of Michigan, in its mission, focuses on conducting biomedical, clinical, health services, and rehabilitation research. This endeavor aims to expand the knowledge and understanding of various diseases. Furthermore, the association provides continuous education for staff at the VA Ann Arbor Healthcare System, foundation personnel, and the medical community. The primary objective is to improve medical care and research in areas such as cardiology, pulmonary, infectious, kidney, and cardiovascular diseases.

What is the revenue of Veterans Education And Research Association Of Michigan?

Veterans Education And Research Association Of Michigan's revenue in 2023 was $2,391,374.

Who are the executives of Veterans Education And Research Association Of Michigan and what are their salaries?

The average compensation at Veterans Education And Research Association Of Michigan during 2023 was $87,504. There are 6 employees at Veterans Education And Research Association Of Michigan.

Here are 13 key members and their salaries:


Richard J Schildhouse Md (Board Member)
  • Compensation: $0
  • Related: $334,432
  • Other: $100,486
Andrew G Shuman Md (Board Member)
  • Compensation: $0
  • Related: $292,253
  • Other: $72,173
Ginny Creasman Pharmd Fache (Board Member)
  • Compensation: $0
  • Related: $233,969
  • Other: $79,168
Sarah Krein Phd (President)
  • Compensation: $0
  • Related: $157,867
  • Other: $55,841
Christine Basmajian (Secretary/Tr)
  • Compensation: $0
  • Related: $131,302
  • Other: $45,603
Birgit Roller Ma (Executive Di)
  • Compensation: $102,351
  • Related: $30,103
  • Other: $0
Vikas Kotagal Md (Board Member)
  • Compensation: $0
  • Related: $88,733
  • Other: $34,809
Mark S Hausman (Board Member)
  • Compensation: $0
  • Related: $61,538
  • Other: $20,255
William Weitzel Md (Board Member)
  • Compensation: $0
  • Related: $3,608
  • Other: $1,302
Anna Frances Schott Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vivian H Lin Md (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon M Watling Pharmd (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Radovich (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Veterans Education And Research Association Of Michigan?

Veterans Education And Research Association Of Michigan's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Veterans Education And Research Association Of Michigan

The Veterans Education and Research Association of Michigan, often abbreviated as VERAM, is dedicated to expanding the knowledge and understanding of various diseases through biomedical, clinical, health services, and rehabilitation research. This nonprofit organization collaborates with the VA Ann Arbor Healthcare System and its sponsors to achieve this mission. Besides research, VERAM also focuses on providing continuing education to staff members of the VA Ann Arbor Healthcare System, foundation staff, and the broader medical community. This commitment to education aims to improve the quality of healthcare provided to veterans and advance the field of medicine as a whole.

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Impact




October, 2024

Veterans Education And Research Association Of Michigan (VERAM) significantly impacts the healthcare landscape by advancing biomedical, clinical, and health services research. By collaborating with the VA Ann Arbor Healthcare System, VERAM facilitates a comprehensive approach to understanding various diseases, including cardiovascular, psychiatric, pulmonary, infectious, and kidney diseases.

Through their research initiatives, VERAM contributes to the development of innovative treatment methodologies and enhances patient care strategies, ultimately benefiting veterans and the broader community. Additionally, the organization prioritizes the ongoing education of healthcare professionals, ensuring that staff within the VA Ann Arbor system and the wider medical community remain well-informed about the latest advancements in medical research and practices. This commitment to education not only improves the quality of care provided to patients but also fosters a culture of continuous learning and adaptation in the medical field.

Overall, VERAM's work leads to improved healthcare outcomes, enriched professional development, and a deeper understanding of critical health issues affecting veterans and the general population.




This information is meant to be a general summary of Veterans Education And Research Association Of Michigan. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,391,374 (2023)
Expenses
$2,321,864 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $136,466
  • Program Service Revenue: $1,056,556
  • Gross Receipts: $2,391,374

Assets and Liabilities:

  • Total Assets: $5,615,285
  • Total Liabilities: $2,215,153
  • Net Assets: $3,400,132

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACT REVENUE

Revenue

$1,056,556

Organization Details

Founding Year

1991

Principal Officer

Christine Basmajian

NTEE Category

Code: H90 - Medical research

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